News

Bank of America is set to close accounts deemed 'abandoned' starting April, impacting millions. Accounts inactive for three ...
Here's what banking customers what to know. Bank of America has outlined that customer accounts may be flagged as abandoned if they show no signs of activity for a long period. "If you have not ...
stocks and safe deposit boxes could be impacted by possible account closure. A spokesperson for Bank of America confirmed to PIX11 that this is not a new policy. “There has been no announcement ...
Business leaders are working to manage volatility and an evolving economic environment, as the goalpost keeps moving on ...
The policy applies to checking and saving accounts ... What do customers need to do to keep their Bank of America accounts open? Bank of America has informed customers that they need to follow ...
With more banking services shifting online, customers need to stay aware of changes to account policies. Bank of America has been closing multiple branch locations across the country, reinforcing ...
A woman is going viral after sharing the nightmare scenario of having her Bank of America account completely drained—and how ...
"If you have not accessed your account for an extended period ... state agency for custodial safekeeping,” noted Bank of America. This policy isn’t new and is driven by requirements outlined ...
Back in 2017, the FDIC accused Bank of America of refusing to pay over $500 million in assessments — a figure it later ...
With this savings account, you could lose money. Yet, if you’re a Bank of America customer already and like the convenience of seeing all your accounts at once, it’s not going to hurt to ...
Bank of America customers are subject to having their accounts closed and losing access to their funds, but this is not a new practice. The bank has previously confirmed that it can and will close ...